Just wanting to know what is the story on EL6336 ? did CLL (now A4N) execute its first rights to enter into a JV ?As I understand :1) Helix must notify CLL of any lateritic cobalt-nickel discoveries made on EL6336 outside of CLL’s designated areas of interest within 30 days of making such a discovery.I recall this was done
2) CLL then has 30 days from the time of such notification to elect either:
a) To take up a 49% equity interest in the new discovery, with new discoveries to be advanced in partnership under such a Joint Venture structure (51% Helix and 49% CLL);ORb) Not to participate in the new discovery, whereby Helix retains a 100% interest in that discovery and can progress it on that sole basis
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Just wanting to know what is the story on EL6336 ? did CLL (now...
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